The video [above] discusses the decision by Japan’s Government Pension Investment Fund (GPIF) to double its allocation to equities and slash its bond holding, a move that coincides with the Bank of Japan boosting stimulus.
The video description reads:
John Herrmann, rates strategist at Mitsubishi UFJ, and Gary Langer, founder and president at Langer Research Associates, discuss the potential impact of the Bank of Japan boosting stimulus while pension funds move to equities from bonds and how the stock market figures into people’s every day economic lives. They speak on “Bloomberg Surveillance.”